TLDR Charles Hoskinson confirmed the final deployment of Midnight’s NIGHT token on the Cardano blockchain. The Midnight Foundation completed the final minting of 24 billion NIGHT tokens on November 25. All NIGHT tokens are currently held in a single blockchain address pending distribution. The official launch and token redemption will begin on December 8, 2025. [...] The post Charles Hoskinson Confirms NIGHT Deployment as Cardano-Native Midnight Token appeared first on CoinCentral.TLDR Charles Hoskinson confirmed the final deployment of Midnight’s NIGHT token on the Cardano blockchain. The Midnight Foundation completed the final minting of 24 billion NIGHT tokens on November 25. All NIGHT tokens are currently held in a single blockchain address pending distribution. The official launch and token redemption will begin on December 8, 2025. [...] The post Charles Hoskinson Confirms NIGHT Deployment as Cardano-Native Midnight Token appeared first on CoinCentral.

Charles Hoskinson Confirms NIGHT Deployment as Cardano-Native Midnight Token

2025/11/27 22:40
3 min read
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TLDR

  • Charles Hoskinson confirmed the final deployment of Midnight’s NIGHT token on the Cardano blockchain.
  • The Midnight Foundation completed the final minting of 24 billion NIGHT tokens on November 25.
  • All NIGHT tokens are currently held in a single blockchain address pending distribution.
  • The official launch and token redemption will begin on December 8, 2025.
  • Only 25% of each user’s NIGHT allocation will be redeemable at launch.

Charles Hoskinson confirmed the final deployment of Midnight’s native token, NIGHT, on the Cardano blockchain. The announcement follows a technical update from the Midnight Foundation regarding the token’s generation and its mint status. The asset is now live on the blockchain and verified via explorers.

NIGHT Now Minted and Deployed

The Midnight Foundation officially completed the minting of NIGHT on November 25 at block height 12,696,233. The deployment finalized the asset on Cardano as a native token, marking a key technical step. It follows the earlier mint in October, which created 24 billion NIGHT tokens at block 12,517,624.

This week’s event confirms that the final version of NIGHT is now active and visible on-chain. All 24 billion tokens remain stored in one blockchain address ahead of distribution. The minting process incurred a transaction cost of approximately 0.8 ADA, equivalent to $0.5 at the time.

According to the Foundation, the asset now awaits public launch and token redemption on December 8, 2025. Blockchain explorer AdaStat has listed the token, confirming its visibility. This prepares the Cardano network for full ecosystem rollout.

Distribution Plan and Redemption Events

The official launch will begin with 25% token redemption for all eligible users on the first day. The remaining 75% will be distributed over 12 months in quarterly events. This approach ensures controlled and phased token release to participants.

Midnight concluded both the Glacier Drop and Scavenger Mine events in previous months. Users who missed those will access the Lost and Found phase. This stage allows recovery of unclaimed NIGHT allocations.

The Midnight Foundation has confirmed that exchange listings will occur on launch day. Users can verify token balances before claiming. Distribution mechanics remain fixed and do not allow early unlocks.

Mainnet Launch and Developer Roadmap

After the NIGHT launch, a federated mainnet will go live under IOG and corporate partner management. This will replace the current testnet. Developers will then migrate their Midnight applications to this new environment.

IOG plans to launch an incentivized testnet for stake pool operators (SPOs) after the federated mainnet. This step will help validate performance. Stake pool feedback will inform the next release phase.

Midnight will later transition to a fully decentralized public mainnet. Development will continue through this next stage. The roadmap remains active with no delays confirmed.

Midnight’s full launch is scheduled for December 8, 2025. The final NIGHT token is now live and ready for ecosystem integration.

The post Charles Hoskinson Confirms NIGHT Deployment as Cardano-Native Midnight Token appeared first on CoinCentral.

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